When a breach occurs on a small- or medium-sized business, and they have customer data exposed, the business has a 60% rate of closing within 6 months. What causes the most financial impact on the business?(1 point) Responses legal action legal action reputational damage reputational damage operational disruptions operational disruptions data loss
The most financial impact on the business would likely be reputational damage. When customer data is exposed in a breach, it can lead to a loss of trust and confidence in the business, resulting in lost customers, damaged reputation, and ultimately, financial losses. Legal action and operational disruptions can also have significant financial implications, but the reputational damage is often the most damaging and long-lasting. Data loss can cause financial impact as well, but it is often secondary to the reputational damage caused by the breach.
